By Helgi Library - April 2, 2020
CET 21 spol's total assets reached CZK 13,178 mil at the end of 2015, down 3.34% compared to the previous year. Cu...
| Profit Statement | 2013 | 2014 | 2015 | |
| Sales | CZK mil | 6,427 | 7,327 | 7,946 |
| Gross Profit | CZK mil | 1,177 | 2,648 | 3,184 |
| EBITDA | CZK mil | -830 | 1,463 | 2,020 |
| EBIT | CZK mil | -2,172 | 60.9 | 587 |
| Financing Cost | CZK mil | 1,099 | 1,230 | 676 |
| Pre-Tax Profit | CZK mil | -3,272 | -1,170 | -89.0 |
| Net Profit | CZK mil | -2,925 | -1,120 | -212 |
| Dividends | CZK mil | 0 | 0 | ... |
| Balance Sheet | 2013 | 2014 | 2015 | |
| Total Assets | CZK mil | 15,300 | 13,633 | 13,178 |
| Non-Current Assets | CZK mil | 10,605 | 9,650 | 8,696 |
| Current Assets | CZK mil | 1,807 | 1,915 | 2,526 |
| Working Capital | CZK mil | -649 | 408 | 553 |
| Shareholders' Equity | CZK mil | 2,778 | 4,592 | 4,359 |
| Liabilities | CZK mil | 12,523 | 9,041 | 8,819 |
| Total Debt | CZK mil | 9,205 | 6,838 | 6,286 |
| Net Debt | CZK mil | 8,790 | 6,601 | 5,503 |
| Ratios | 2013 | 2014 | 2015 | |
| ROE | % | -116 | -30.4 | -4.75 |
| ROCE | % | -26.8 | -11.2 | -2.20 |
| Gross Margin | % | 18.3 | 36.1 | 40.1 |
| EBITDA Margin | % | -12.9 | 20.0 | 25.4 |
| EBIT Margin | % | -33.8 | 0.831 | 7.39 |
| Net Margin | % | -45.5 | -15.3 | -2.67 |
| Net Debt/EBITDA | -10.6 | 4.51 | 2.72 | |
| Net Debt/Equity | 3.16 | 1.44 | 1.26 | |
| Cost of Financing | % | 10.4 | 15.3 | 10.3 |
| Cash Flow | 2013 | 2014 | 2015 | |
| Total Cash From Operations | CZK mil | 141 | -77.4 | 1,701 |
| Total Cash From Investing | CZK mil | -730 | -645 | -690 |
| Total Cash From Financing | CZK mil | -26.7 | 544 | -466 |
| Net Change In Cash | CZK mil | -615 | -178 | 545 |
| Cash Conversion Cycle | days | -53.9 | -7.55 | -4.28 |
| Cash Earnings | CZK mil | -1,583 | 282 | 1,220 |
| Free Cash Flow | CZK mil | -589 | -722 | 1,011 |
Get all company financials in excel:
| summary | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | ||||||||
| Sales | CZK mil | 8,460 | 7,759 | 8,041 | 7,934 | 6,427 | ||
| Gross Profit | CZK mil | 3,830 | 3,475 | 3,889 | 3,377 | 1,177 | ||
| EBIT | CZK mil | 636 | 397 | 936 | -2,763 | -2,172 | ||
| Net Profit | CZK mil | -235 | -930 | -472 | -3,868 | -2,925 | ||
| ROE | % | -2.47 | -10.3 | -6.06 | -82.6 | -116 | ||
| EBIT Margin | % | 7.52 | 5.11 | 11.6 | -34.8 | -33.8 | ||
| Net Margin | % | -2.77 | -12.0 | -5.87 | -48.8 | -45.5 | ||
| Employees | 1,240 | 1,279 | 1,221 | 1,138 | 1,040 | |||
| balance sheet | ||||||||
| Total Assets | CZK mil | 25,069 | 23,795 | 22,748 | 17,526 | 15,300 | ||
| Non-Current Assets | CZK mil | 18,760 | 17,472 | 16,197 | 11,879 | 10,605 | ||
| Current Assets | CZK mil | 2,273 | 2,494 | 6,552 | 5,647 | 1,807 | ||
| Shareholders' Equity | CZK mil | 9,499 | 8,500 | 7,078 | 2,287 | 2,778 | ||
| Liabilities | CZK mil | 15,569 | 15,295 | 15,671 | 15,239 | 12,523 | ||
| Non-Current Liabilities | CZK mil | 11,963 | 12,989 | 11,609 | 12,252 | 9,461 | ||
| Current Liabilities | CZK mil | 2,110 | 2,184 | 2,434 | 2,719 | 2,800 | ||
| Net Debt/EBITDA | 5.45 | 5.91 | 4.61 | -7.67 | -10.6 | |||
| Net Debt/Equity | 1.20 | 1.33 | 1.52 | 4.76 | 3.16 | |||
| Cost of Financing | % | ... | 10.8 | 11.2 | 8.34 | 10.4 | ||
| cash flow | ||||||||
| Total Cash From Operations | CZK mil | 1,541 | 781 | 2,158 | 1,257 | 141 | ||
| Total Cash From Investing | CZK mil | -916 | -749 | -603 | -656 | -730 | ||
| Total Cash From Financing | CZK mil | 757 | 63.6 | -1,016 | -669 | -26.7 | ||
| Net Change In Cash | CZK mil | 1,382 | 95.2 | 539 | -68.7 | -615 |
| income statement | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | ||||||||
| Sales | CZK mil | 8,460 | 7,759 | 8,041 | 7,934 | 6,427 | ||
| Cost of Goods & Services | CZK mil | 4,630 | 4,284 | 4,152 | 4,557 | 5,250 | ||
| Gross Profit | CZK mil | 3,830 | 3,475 | 3,889 | 3,377 | 1,177 | ||
| Staff Cost | CZK mil | 990 | 1,082 | 1,180 | 1,023 | 1,052 | ||
| Other Cost | CZK mil | 742 | 480 | 367 | 3,773 | 955 | ||
| EBITDA | CZK mil | 2,098 | 1,913 | 2,343 | -1,419 | -830 | ||
| Depreciation | CZK mil | 1,461 | 1,517 | 1,407 | 1,343 | 1,342 | ||
| EBIT | CZK mil | 636 | 397 | 936 | -2,763 | -2,172 | ||
| Financing Cost | CZK mil | 665 | 1,284 | 1,332 | 993 | 1,099 | ||
| Extraordinary Cost | CZK mil | 0.512 | 0.964 | 0.200 | 0.340 | 0.141 | ||
| Pre-Tax Profit | CZK mil | -28.9 | -888 | -397 | -3,756 | -3,272 | ||
| Tax | CZK mil | 206 | 40.8 | 73.2 | 119 | -347 | ||
| Minorities | CZK mil | 0 | 0.885 | 2.15 | -7.09 | 0 | ||
| Net Profit | CZK mil | -235 | -930 | -472 | -3,868 | -2,925 | ||
| Dividends | CZK mil | 808 | 0 | 950 | 900 | 0 | ... | |
| growth rates | ||||||||
| Total Revenue Growth | % | ... | -8.28 | 3.64 | -1.34 | -19.0 | ||
| Operating Cost Growth | % | ... | -9.86 | -0.974 | 210 | -58.2 | ||
| EBITDA Growth | % | ... | -8.78 | 22.4 | -161 | -41.5 | ||
| EBIT Growth | % | ... | -37.6 | 136 | -395 | -21.4 | ||
| Pre-Tax Profit Growth | % | ... | 2,970 | -55.3 | 846 | -12.9 | ||
| Net Profit Growth | % | ... | 296 | -49.2 | 719 | -24.4 | ||
| ratios | ||||||||
| ROE | % | -2.47 | -10.3 | -6.06 | -82.6 | -116 | ||
| ROCE | % | ... | -4.89 | -2.72 | -27.4 | -26.8 | ||
| Gross Margin | % | 45.3 | 44.8 | 48.4 | 42.6 | 18.3 | ||
| EBITDA Margin | % | 24.8 | 24.7 | 29.1 | -17.9 | -12.9 | ||
| EBIT Margin | % | 7.52 | 5.11 | 11.6 | -34.8 | -33.8 | ||
| Net Margin | % | -2.77 | -12.0 | -5.87 | -48.8 | -45.5 | ||
| Payout Ratio | % | -344 | 0 | -201 | -23.3 | 0 | ... | |
| Cost of Financing | % | ... | 10.8 | 11.2 | 8.34 | 10.4 | ||
| Net Debt/EBITDA | 5.45 | 5.91 | 4.61 | -7.67 | -10.6 |
| balance sheet | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| balance sheet | ||||||||
| Non-Current Assets | CZK mil | 18,760 | 17,472 | 16,197 | 11,879 | 10,605 | ||
| Property, Plant & Equipment | CZK mil | 6,656 | 6,071 | 5,485 | 4,808 | 4,310 | ||
| Intangible Assets | CZK mil | 4,130 | 3,959 | 3,740 | 3,595 | 3,252 | ||
| Current Assets | CZK mil | 2,273 | 2,494 | 6,552 | 5,647 | 1,807 | ||
| Inventories | CZK mil | 270 | 228 | 222 | 220 | 222 | ||
| Receivables | CZK mil | 1,396 | 1,413 | 1,086 | 834 | 688 | ||
| Cash & Cash Equivalents | CZK mil | 459 | 560 | 1,099 | 1,031 | 415 | ||
| Total Assets | CZK mil | 25,069 | 23,795 | 22,748 | 17,526 | 15,300 | ||
| Shareholders' Equity | CZK mil | 9,499 | 8,500 | 7,078 | 2,287 | 2,778 | ||
| Of Which Minority Interest | CZK mil | 0 | -26.6 | 2.20 | -4.89 | 0 | ||
| Liabilities | CZK mil | 15,569 | 15,295 | 15,671 | 15,239 | 12,523 | ||
| Non-Current Liabilities | CZK mil | 11,963 | 12,989 | 11,609 | 12,252 | 9,461 | ||
| Long-Term Debt | CZK mil | 10,211 | 11,693 | 11,753 | 11,436 | 9,145 | ||
| Deferred Tax Liabilities | CZK mil | 681 | 610 | 566 | 541 | 195 | ||
| Current Liabilities | CZK mil | 2,110 | 2,184 | 2,434 | 2,719 | 2,800 | ||
| Short-Term Debt | CZK mil | 1,671 | 177 | 135 | 484 | 59.4 | ||
| Trade Payables | CZK mil | 685 | 785 | 1,122 | 1,042 | 1,560 | ||
| Provisions | CZK mil | 45.1 | 61.3 | 41.7 | 45.7 | 37.8 | ||
| Equity And Liabilities | CZK mil | 25,069 | 23,795 | 22,748 | 17,526 | 15,300 | ||
| growth rates | ||||||||
| Total Asset Growth | % | ... | -5.08 | -4.40 | -23.0 | -12.7 | ||
| Shareholders' Equity Growth | % | ... | -10.5 | -16.7 | -67.7 | 21.4 | ||
| Net Debt Growth | % | ... | -0.986 | -4.61 | 0.933 | -19.3 | ||
| Total Debt Growth | % | ... | -0.095 | 0.150 | 0.269 | -22.8 | ||
| ratios | ||||||||
| Total Debt | CZK mil | 11,881 | 11,870 | 11,888 | 11,920 | 9,205 | ||
| Net Debt | CZK mil | 11,423 | 11,310 | 10,789 | 10,889 | 8,790 | ||
| Working Capital | CZK mil | 981 | 856 | 187 | 12.6 | -649 | ||
| Capital Employed | CZK mil | 19,741 | 18,328 | 16,383 | 11,892 | 9,955 | ||
| Net Debt/Equity | 1.20 | 1.33 | 1.52 | 4.76 | 3.16 | |||
| Cost of Financing | % | ... | 10.8 | 11.2 | 8.34 | 10.4 |
| cash flow | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| cash flow | ||||||||
| Net Profit | CZK mil | -235 | -930 | -472 | -3,868 | -2,925 | ||
| Depreciation | CZK mil | 1,461 | 1,517 | 1,407 | 1,343 | 1,342 | ||
| Non-Cash Items | CZK mil | ... | 68.9 | 554 | 3,608 | 1,062 | ||
| Change in Working Capital | CZK mil | ... | 125 | 669 | 174 | 662 | ||
| Total Cash From Operations | CZK mil | 1,541 | 781 | 2,158 | 1,257 | 141 | ||
| Capital Expenditures | CZK mil | -916 | -749 | -603 | -656 | -730 | ||
| Other Investments | CZK mil | 0 | 0 | 0 | 0 | 0 | ||
| Total Cash From Investing | CZK mil | -916 | -749 | -603 | -656 | -730 | ||
| Dividends Paid | CZK mil | -808 | 0 | -950 | -900 | 0 | ... | |
| Issuance Of Debt | CZK mil | ... | -11.2 | 17.8 | 32.0 | -2,715 | ||
| Total Cash From Financing | CZK mil | 757 | 63.6 | -1,016 | -669 | -26.7 | ||
| Net Change In Cash | CZK mil | 1,382 | 95.2 | 539 | -68.7 | -615 | ||
| ratios | ||||||||
| Days Sales Outstanding | days | 60.2 | 66.5 | 49.3 | 38.4 | 39.1 | ||
| Days Sales Of Inventory | days | 21.3 | 19.4 | 19.6 | 17.6 | 15.5 | ||
| Days Payable Outstanding | days | 54.0 | 66.9 | 98.7 | 83.5 | 108 | ||
| Cash Conversion Cycle | days | 27.5 | 19.0 | -29.8 | -27.4 | -53.9 | ||
| Cash Earnings | CZK mil | 1,227 | 587 | 935 | -2,525 | -1,583 | ||
| Free Cash Flow | CZK mil | 625 | 31.7 | 1,555 | 601 | -589 |
| other data | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| other data | ||||||||
| ROA | % | -0.936 | -3.81 | -2.03 | -19.2 | -17.8 | ||
| Gross Margin | % | 45.3 | 44.8 | 48.4 | 42.6 | 18.3 | ||
| Employees | 1,240 | 1,279 | 1,221 | 1,138 | 1,040 | |||
| Cost Per Employee | USD per month | 3,492 | 3,688 | 4,553 | 3,830 | 4,308 | ||
| Cost Per Employee (Local Currency) | CZK per month | 66,543 | 70,477 | 80,518 | 74,907 | 84,288 | ||
| Staff Cost (As % Of Total Cost) | % | 12.7 | 14.7 | 16.6 | 9.56 | 12.2 | ||
| Effective Tax Rate | % | -711 | -4.60 | -18.4 | -3.18 | 10.6 | ||
| Capital Expenditures (As % of Sales) | % | 10.8 | 9.65 | 7.50 | 8.27 | 11.4 | ||
| Sales from TV Advertising Time | CZK mil | 6,875 | 6,478 | 6,607 | 6,106 | 4,571 | ||
| Sale from Cable Television Programme | CZK mil | 152 | 190 | 199 | 186 | 99.9 | ||
| Sales from Internet Advertising | CZK mil | 81.8 | 63.4 | 79.1 | 63.5 | 90.5 | ||
| Sales from Other Services | CZK mil | 135 | 101 | 221 | 268 | 322 |
Get all company financials in excel:
CET 21 spol.s r.o. is a Czech Republic-based TV operator and an entertainment company. The Company operates TV NOVA, a general entertainment channel; FANDA, a male-oriented channel; SMICHOV, a comedy channel; TELKA, a classics channel; and other channels comprising NOVA CINEMA and NOVA SPORT in the Czech Republic. It also operates TV MARKIZA, a general entertainment channel; DOMA, a female-oriented channel; and DAJTO, a male-oriented channel in the Slovak Republic. The company was incorporated in 1992 and is based in Prague, the Czech Republic. CET 21 spol. s r.o. is a subsidiary of CME Media Enterprises B.V.
CET 21 spol has been growing its sales by a year on average in the last 5 years. EBITDA has grown by 0% during that time to total of in 2015, or of sales. That’s compared to % average margin seen in last five years.
The company netted in 2015 implying ROE of and ROCE of . Again, the average figures were % and %, respectively when looking at the previous 5 years.
CET 21 spol’s net debt amounted to at the end of 2015, or of equity. When compared to EBITDA, net debt was x, up when compared to average of x seen in the last 5 years.
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